A huge debt crisis is coming

When Venezuelan opposition leader María Corina Machado gave her Nobel "Peace" Prize to warmonger Donald Trump to thank him for bombing her country, it showed how the prize is a tool of war that serves Western foreign policy interests. The winner is very often a US-funded regime-c ...  Show more

The US government is openly backing the violent protests in Iran. An Israeli media outlet admitted foreign powers are arming Iranian rioters with weapons to try to overthrow the government. Ben Norton explains the geopolitical context and why the USA has sought regime change ever ...  Show more

In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.

But efforts to contain the crisis have met resistance, and the fallout of the collapse has ...

Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Di ...  Show more

The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ...  Show more

In past financial crises, central banks across the world developed a time-tested tool kit to rescue national economies. So why don’t previous interventions seem to be working this time? Guest: <a href="https://www.nytimes.com/by/peter-s-goodman?smid=pc-thedaily" target="_blank ...